NewEdge Advisors LLC Boosts Holdings in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

NewEdge Advisors LLC raised its position in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 81.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 212,099 shares of the company’s stock after purchasing an additional 95,462 shares during the period. NewEdge Advisors LLC owned 1.84% of Invesco BulletShares 2030 Municipal Bond ETF worth $4,627,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Harbor Investment Advisory LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the first quarter worth $31,000. Ascentis Independent Advisors purchased a new position in Invesco BulletShares 2030 Municipal Bond ETF during the first quarter worth about $140,000. Anchor Investment Management LLC purchased a new position in Invesco BulletShares 2030 Municipal Bond ETF during the first quarter worth about $142,000. Cookson Peirce & Co. Inc. bought a new position in Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter worth about $210,000. Finally, Nations Financial Group Inc. IA ADV raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 4.8% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,951 shares of the company’s stock valued at $219,000 after acquiring an additional 455 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Trading Down 0.0%

Shares of BSMU opened at $21.77 on Wednesday. Invesco BulletShares 2030 Municipal Bond ETF has a 12-month low of $21.55 and a 12-month high of $22.31. The stock has a 50-day moving average price of $21.83 and a 200-day moving average price of $21.95.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a dividend of $0.0525 per share. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a yield of 2.9%.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.